🏛️ Series 481 50¢ Military Payment Certificate — PMG 62 NET Uncirculated. Second Printing. 

Up for sale is a structurally sharp Korean War-era military type note: a Series 481 50-Cent Military Payment Certificate (MPC). Officially designated as a Second Printing from this highly collected mid-century run, this note has been certified by PMG at Uncirculated 62 NET.

• SERIES: Series 481 (Issued June 20, 1951 — Withdrawn May 25, 1954)
• DENOMINATION: Fifty Cents (50¢ Fractional)
• CLASSIFICATION: Korean War Era / U.S. Overseas Armed Forces Script
• VIGNETTE: Classical Seated Female Figure with Palm Leaf backdrop
• CATALOG NUMBER: Schwan #S834-2
• PRINT RUN STATUS: Official Second Printing
• GRADE: PMG Uncirculated 62 NET (Full structural crispness, trace environmental toning/spotting on borders. Light staining as noted on placard)
• SERIAL #: D03797978D (Plate position pp 55)

LadzVault73 Curator's Note: Series 481 fractionals were heavily deployed across overseas military bases and base exchanges during the Korean War to control illicit currency movement. Because these small fractionals were jammed into gear bags, handled daily by troops, and spent rapidly, finding any specimen that retains its raw uncirculated paper crispness is a win. This note features completely uncirculated structural body panels, crisp corners, and superb eye appeal on the main design fields. It carries a NET designation due to natural minor environmental foxing/toning along the outer margins, making it an incredible, cost-effective opportunity for a type collector to add a certified Uncirculated Korean War piece to their album at an absolute fraction of straight-grade prices.